99 Edgemont Ave. S Comparable Market Analysis Hamilton
99 Edgemont Street S Hamilton, L8K 2H6
Saturday, April 17, 2021
Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis.
Active Listings Address 99 Edgemont Street S 30 KENILWORTH Avenue S 102 KENILWORTH Avenue S
Price
$499,999 $699,900 $599,950
Averages:
3 5 4.0
1 2 1.5
SqFt 1056 1,192 1,390 1,291
$/SqFt 653.31 $419.46 $503.53 $461.50
2 2 1 1 2 2 2 1 2 3 1.8
SqFt 1056 1,586 1,204 1,160 1,289 1,034 1,422 1,408 1,449 1,456 1,488 1,350
$/SqFt 653.31 $359.39 $477.57 $517.24 $470.13 $604.45 $448.52 $454.55 $472.74 $519.23 $586.02 $490.98
List Date
04/13/2021 04/14/2021
Sold Listings Address 99 Edgemont Street S 1282 Main Street E 28 Graham Avenue S 142 GRAHAM Avenue S 14 Province Street S 41 KENILWORTH Avenue S 1626 KING Street E 106 KENILWORTH Avenue S 74 PARK Row S 177 HUXLEY Avenue S 200 S GROSVENOR Avenue
Price
$570,000 $575,000 $600,000 $606,000 $625,000 $637,800 $640,000 $685,000 $756,000 $872,000 $656,680
Averages:
3 3 3 4 3 3 2 4 4 3 3.2
Sale Date
03/20/2021 03/24/2021 04/09/2021 04/13/2021 04/14/2021 04/08/2021 03/01/2021 03/02/2021 03/11/2021 03/16/2021
Low
Median
Average
High
Count
Comparable Price
$499,999
$631,400
$647,225
$872,000
12
Adjusted Comparable Price
$524,999
$631,400
$643,058
$847,000
12
On Average, the 'Sold' status comparable listings sold in 9 days for $656,680
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, L8K 2H6 Saturday, April 17, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 99 Edgemont Street S H4103714 MLS® # Hamilton City Residential Prop Type Freehold Sub Type Sale Trans Type Status Hamilton Region Hamilton Centre (22) Munic/Area Nbrhd/Sub-Area Delta (222) 3 Beds 2.0 Baths Total 7 # Rooms Full Basement 04/15/2021 List Date $689,900 List Price Sale Date Sale Price Parking Spaces 1 0spaces / None Garage less than .50 Acres/Range Sqft Total/Rng 1,056 31.99 Lot Frontage Year Built/Age - / 51-99 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / Central Air Bungalow Style/Type
Price Total Adjustments Adjusted Price
Details
30 KENILWORTH Avenue S H4103632 Hamilton Residential Freehold Sale Active Hamilton Hamilton Centre (22) Delta (222) 3 1.0 6 Full - Unfinished 04/13/2021 $499,999
Adjust
Details
Adjust
102 KENILWORTH Avenue S H4103719 Hamilton Residential Freehold Sale Active Hamilton Hamilton Centre (22) Delta (222) 5 25,000 2.0 11 Full - Fully Finished 04/14/2021 $699,900
4 1 spaces / Detached
0 0 spaces / None
1,192 40 - / 51-99 Years $2,892 / 2020
1,390 30 - / 51-99 Years $3,043 / 2020
Gas Forced Air
Gas Forced Air
1 1/2 Storey
1 1/2 Storey
$499,999 $25,000 $524,999 Researched and prepared by Michael Heddle
-40,000
$699,900 $-40,000 $659,900 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, L8K 2H6 Saturday, April 17, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 99 Edgemont Street S H4103714 MLS® # Hamilton City Residential Prop Type Freehold Sub Type Sale Trans Type Status Hamilton Region Hamilton Centre (22) Munic/Area Nbrhd/Sub-Area Delta (222) 3 Beds 2.0 Baths Total 7 # Rooms Full Basement 04/15/2021 List Date $689,900 List Price Sale Date Sale Price Parking Spaces 1 0spaces / None Garage less than .50 Acres/Range Sqft Total/Rng 1,056 31.99 Lot Frontage Year Built/Age - / 51-99 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / Central Air Bungalow Style/Type
Price Total Adjustments Adjusted Price
Details
Adjust
Details
Adjust
1282 Main Street E H4100313 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 3 2.0 6 Full - Fully Finished 03/12/2021 $425,000 03/20/2021 $570,000 1 0 spaces / None
28 Graham Avenue S H4100143 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 3 2.0 7 Full - Fully Finished 03/10/2021 $575,000 03/24/2021 $575,000 1 0 spaces / None
1,586 23 - / 51-99 Years $2,437 / 2020
1,204 27 - / 51-99 Years $3,467 / 2020
Gas Forced Air
Gas Forced Air
1 1/2 Storey
Bungalow
$570,000 $0 $570,000 Researched and prepared by Michael Heddle
$575,000 $0 $575,000 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, L8K 2H6 Saturday, April 17, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 99 Edgemont Street S H4103714 MLS® # Hamilton City Residential Prop Type Freehold Sub Type Sale Trans Type Status Hamilton Region Hamilton Centre (22) Munic/Area Nbrhd/Sub-Area Delta (222) 3 Beds 2.0 Baths Total 7 # Rooms Full Basement 04/15/2021 List Date $689,900 List Price Sale Date Sale Price Parking Spaces 1 0spaces / None Garage less than .50 Acres/Range Sqft Total/Rng 1,056 31.99 Lot Frontage Year Built/Age - / 51-99 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / Central Air Bungalow Style/Type
Price Total Adjustments Adjusted Price
Details
142 GRAHAM Avenue S H4102090 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 3 1.0 6 Full - Unfinished 03/30/2021 $549,900 04/09/2021 $600,000 1 0 spaces / None
Adjust
Details
Adjust
14 Province Street S H4102623 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 4 25,000 1.0 8 Full - Unfinished 04/06/2021 $499,999 04/13/2021 $606,000 2 0 spaces / None
1,160 30 - / 51-99 Years $3,185 / 2020
1,289 30 - / 51-99 Years $2,924 / 2020
Gas Forced Air
Gas Forced Air
1 1/2 Storey
1 1/2 Storey
$600,000 $25,000 $625,000 Researched and prepared by Michael Heddle
-20,000 25,000
$606,000 $5,000 $611,000 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, L8K 2H6 Saturday, April 17, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 99 Edgemont Street S H4103714 MLS® # Hamilton City Residential Prop Type Freehold Sub Type Sale Trans Type Status Hamilton Region Hamilton Centre (22) Munic/Area Nbrhd/Sub-Area Delta (222) 3 Beds 2.0 Baths Total 7 # Rooms Full Basement 04/15/2021 List Date $689,900 List Price Sale Date Sale Price Parking Spaces 1 0spaces / None Garage less than .50 Acres/Range Sqft Total/Rng 1,056 31.99 Lot Frontage Year Built/Age - / 51-99 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / Central Air Bungalow Style/Type
Price Total Adjustments Adjusted Price
Details
Adjust
Adjust
Details
41 KENILWORTH Avenue S H4102861 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 3 2.0 7 Full - Fully Finished - Separate Entrance 04/07/2021 $579,000 04/14/2021 $625,000 4 1 spaces / Attached
1626 KING Street E H4101881 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 3 2.0 6 Full - Fully Finished - Separate Entrance 03/31/2021 $599,000 04/08/2021 $637,800 3 1 spaces / Detached
1,034 50 - / 51-99 Years $3,328 / 2020
1,422 42 1950 / 51-99 Years $3,411 / 2020
Gas Forced Air
Gas Forced Air
Bungalow
1 1/2 Storey
$625,000 $0 $625,000 Researched and prepared by Michael Heddle
$637,800 $0 $637,800 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, L8K 2H6 Saturday, April 17, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 99 Edgemont Street S H4103714 MLS® # Hamilton City Residential Prop Type Freehold Sub Type Sale Trans Type Status Hamilton Region Hamilton Centre (22) Munic/Area Nbrhd/Sub-Area Delta (222) 3 Beds 2.0 Baths Total 7 # Rooms Full Basement 04/15/2021 List Date $689,900 List Price Sale Date Sale Price Parking Spaces 1 0spaces / None Garage less than .50 Acres/Range Sqft Total/Rng 1,056 31.99 Lot Frontage Year Built/Age - / 51-99 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / Central Air Bungalow Style/Type
Price Total Adjustments Adjusted Price
Details
Adjust
Details
Adjust
106 KENILWORTH Avenue S H4098428 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 2 2.0 6 Full - Partially Finished 02/24/2021 $576,900 03/01/2021 $640,000 2 1 spaces / Attached
74 PARK Row S H4097774 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 4 -20,000 1.1 12,500 10 Full - Fully Finished - Separate Entrance 02/17/2021 $699,999 03/02/2021 $685,000 2 1 spaces / Detached
1,408 55 1939 / 51-99 Years $3,447 / 2020
1,449 33 1941 / 51-99 Years $3,174 / 2020
Gas Forced Air
Gas Hot Water
1 1/2 Storey
1 1/2 Storey
$640,000 $0 $640,000 Researched and prepared by Michael Heddle
$685,000 $-7,500 $677,500 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, L8K 2H6 Saturday, April 17, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 99 Edgemont Street S H4103714 MLS® # Hamilton City Residential Prop Type Freehold Sub Type Sale Trans Type Status Hamilton Region Hamilton Centre (22) Munic/Area Nbrhd/Sub-Area Delta (222) 3 Beds 2.0 Baths Total 7 # Rooms Full Basement 04/15/2021 List Date $689,900 List Price Sale Date Sale Price Parking Spaces 1 0spaces / None Garage less than .50 Acres/Range Sqft Total/Rng 1,056 31.99 Lot Frontage Year Built/Age - / 51-99 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / Central Air Bungalow Style/Type
Price Total Adjustments Adjusted Price
Details
Adjust
Adjust
Details
177 HUXLEY Avenue S H4099259 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 4 -20,000 2.1 -12,500 8 Full - Fully Finished - Separate Entrance 03/04/2021 $659,900 03/11/2021 $756,000 4 0 spaces / None
200 S GROSVENOR Avenue 40065206 Hamilton Residential Freehold Sale Sold Hamilton Hamilton Centre (22) Delta (222) 3 3.0 -25,000 16 Full - Fully Finished - Separate Entrance, Walk-Up 03/09/2021 $669,000 03/16/2021 $872,000 3 1 spaces / Detached
1,456 34 1945 / 51-99 Years $3,482 / 2020
1,488 30 1925 / 51-99 Years $3,459 / 2020 1 Gas Forced Air No / Central Air 1 1/2 Storey
Gas Forced Air 1 1/2 Storey
$756,000 $-32,500 $723,500 Researched and prepared by Michael Heddle
$872,000 $-25,000 $847,000 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, L8K 2H6
Saturday, April 17, 2021
Minimums and Maximums This page summarizes key fields of the listings in this analysis.
The listings in this analysis can be summarized as follows: Listing Price between $425,000 and $699,999 Sale Price between $570,000 and $872,000 1,034 to 1,586 Square Feet $267.97 to $559.96 per Square Foot $359.39 to $604.45 per Sold Square Foot
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, Ontario
Saturday, April 17, 2021
Number of Days On Market This chart illustrates the level of excitement and interest in a new listing over time. It also demonstrates the importance of pricing correctly. When a property is first listed, it generates a very high level of interest from prospective buyers, which reduces dramatically over time. It is important to be priced correctly from the beginning, during the peak of this curve.
Days On Market 14
Days On Market
12 10 8 DOM
6 4 2
4 06 3 52 H 40 06 99 2 H 40 59 98 4 H 40 28 97 77 4 40
00 1
13 H
41
00 3
81 H
41
01 8
90 H
41
02 0
23 H
41
02 6
61 H
41
02 8
32 H
41
03 6
41 H
H
41
03 7
19
0
MLS® #
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, Ontario
Saturday, April 17, 2021
CMA Map Layout This page displays the Map for the CMA Subject and your comparables . 99 Edgemont Street S, Hamilton 1 2 3 4 5 6 7 8 9 10 11 12
Researched and prepared by Michael Heddle
102 KENILWORTH Avenue S, Hamilton 30 KENILWORTH Avenue S, Hamilton 41 KENILWORTH Avenue S, Hamilton 14 Province Street S, Hamilton 142 GRAHAM Avenue S, Hamilton 1626 KING Street E, Hamilton 1282 Main Street E, Hamilton 28 Graham Avenue S, Hamilton 200 S GROSVENOR Avenue, Hamilton 177 HUXLEY Avenue S, Hamilton 106 KENILWORTH Avenue S, Hamilton 74 PARK Row S, Hamilton
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, Ontario
Saturday, April 17, 2021
List Price and Sale Price This graph illustrates the list price, along with the sale price in Sold listings.
Price Graph 1000K
800K
Price
600K List Price Sale Price
400K
200K
20 6 99 25 H 9 40 98 42 H 8 40 97 77 4 H
40
43
06 5
40
00 1
13 H
41
00 3
81 H
41
01 8
90 H
41
02 0
23 H
41
02 6
61 H
41
02 8
32 H
41
03 6
41 H
H
41
03 7
19
0K
MLS® #
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, L8K 2H6
Saturday, April 17, 2021
Brief Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis. Status: Active List Date
Address
H4103632
04/13/2021
30 KENILWORTH Avenue S
Freehold
H4103719
04/14/2021
102 KENILWORTH Avenue S
Freehold
MLS® #
Prop Sub Type
Averages:
SqFt
Bds
Bth
L Price
1,192
3
1.0
$499,999
S Price
SP/LP
DOM 4
1,390
5
2.0
$699,900
3
1,291
4.0
1.5
$599,950
4
SqFt
Bds
Bth
L Price
S Price
Status: Sold Sale Date
Address
H4100313
03/20/2021
1282 Main Street E
Freehold
1,586
3
2.0
$425,000
$570,000
134.1
8
H4102623
04/13/2021
14 Province Street S
Freehold
1,289
4
1.0
$499,999
$606,000
121.2
7
H4102090
04/09/2021
142 GRAHAM Avenue S
Freehold
1,160
3
1.0
$549,900
$600,000
109.1
10
H4100143
03/24/2021
28 Graham Avenue S
Freehold
1,204
3
2.0
$575,000
$575,000
100.0
14
H4098428
03/01/2021
106 KENILWORTH Avenue S
Freehold
1,408
2
2.0
$576,900
$640,000
110.9
5 7
MLS® #
Prop Sub Type
SP/LP
DOM
H4102861
04/14/2021
41 KENILWORTH Avenue S
Freehold
1,034
3
2.0
$579,000
$625,000
107.9
H4101881
04/08/2021
1626 KING Street E
Freehold
1,422
3
2.0
$599,000
$637,800
106.5
8
H4099259
03/11/2021
177 HUXLEY Avenue S
Freehold
1,456
4
2.1
$659,900
$756,000
114.6
7
40065206
03/16/2021
200 S GROSVENOR Avenue
Freehold
1,488
3
3.0
$669,000
$872,000
130.3
7
H4097774
03/02/2021
74 PARK Row S
Freehold
1,449
4
1.1
$699,999
$685,000
97.9
13
1,350
3.2
1.8
$583,370
$656,680
113.3
9
Averages:
Summary Status Active
Total 2
Avg Price
Avg $ Per SqFt
Median
Low
High
$599,950
$461.50
$599,950
$499,999
Avg DOM
$699,900
4
Sold
10
$656,680
$490.98
$631,400
$570,000
$872,000
9
Total
12
$647,225
$486.07
$631,400
$499,999
$872,000
8
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, L8K 2H6
Saturday, April 17, 2021
Pricing Recommendation General Facts About Pricing... There are certain factors that are within our control and some factors beyond our control when it comes to setting the price. Those factors within our control are: the appearance of the property, how aggressively we market the property and the price. Factors outside our control are: location of property, size and local amenities. It's important to accept those factors that are beyond our control and focus on the pricing and preparation. A property priced at market value will attract more buyers than a home priced above market value. Consider that a competitively priced property will also attract a greater number of potential buyers and increase your opportunity for a quick sale.
Market Statistics... Sell Price Per Sq. Ft. Statistics
Sell Price Statistics Average Price:
$653,200
Average Price/Sq Ft:
$489
High Price:
$847,000
High Price/Sq Ft:
$604
Median Price:
$631,400
Median Price/Sq Ft:
$476
Low Price:
$570,000
Low Price/Sq Ft:
$359
Figures are based on selling price after adjustments, and rounded to the nearest $100.
Summary... After analyzing your property, comparable properties on the market now, recent sales and comparable properties that failed to sell, I conclude that in the current market, your property is most likely to sell for .
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
99 Edgemont Street S Hamilton, Ontario
Saturday, April 17, 2021
Market Analysis Explanation This is an explanation and overview of this market analysis.
This Comparative Market Analysis will help to determine the correct selling price of your home. Ultimately, the correct selling price is the highest possible price the market will bear. This market analysis is divided into three categories: 1. Comparable homes that are currently for sale 2. Comparable homes that were recently sold 3. Comparable homes that failed to sell Looking at similar homes that are currently offered for sale , we can assess the alternatives that a serious buyer has from which to choose. We can also be sure that we are not under pricing your home. Looking at similar homes that were sold in the past few months, we can see a clear picture of how the market has valued homes that are comparable to yours. Banks and other lending institutions also analyze these sales to determine how much they can lend to qualified buyers. Looking at similar homes that failed to sell, we can avoid pricing at a level that would not attract buyers. This Comparative Market Analysis has been carefully prepared for you , analyzing homes similar to yours. The aim of this market analysis is to achieve the maximum selling price for your home, while being able to sell your home within a relatively short period of time.
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
APPENDIX A: MPAC Assessment vs. Market Sale Price
APPENDIX A - MPAC Assessment vs. Market Sale Price Status Subject Sold Sold Sold Sold Sold Sold SOld Sold Sold Sold
Address 99 Edgemont Ave. S 1282 Main St. E 28 Graham Ave. S 142 Graham Ave. S 14 Province St. S 41 Kenilworth Ave. S 1626 King St. E 106 Kenilworth Ave. S 74 Park Row S. 177 Huxley Ave. S 200 Grosvenor Ave. S
MPAC $ $ $ $ $ $ $ $ $ $ $
Sale Price 311,000 205,000 290,000 268,000 228,000 280,000 287,000 290,000 267,000 293,000 291,000
$ 570,000 $ 575,000 $ 600,000 $ 606,000 $ 625,000 $ 637,800 $ 640,000 $ 685,000 $ 756,000 $ 872,000 AVERAGE
% Difference 178.05% 98.28% 123.88% 165.79% 123.21% 122.23% 120.69% 156.55% 158.02% 199.66% 144.64%
Based on an analysis of the average MPAC assessment value versus the market sale price of comparable properties, the estimated "market" value of the subject property is: Average $ 760,818 Range $ 616,638 to NOTE: * denotes properties included in the "Direct Comparison Approach".
$
931,931
However, this method of deriving value is only presented as an alternative analytical tool to provide the Seller with additional "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is not as accurate as traditional valuation methods such as the "Direct Comparison Approach to Value" and the "Cost Approach to Value". The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.
APPENDIX B: Cost Approach to Value
APPENDIX B - COST APPROACH TO VALUE Land Value: 32.00 Front Ft @ Actual Age: Effective Age:
6500
$ 208,000.00
82 years 5 years
Improvements: Building Basement Garage Landscaping
1060 Sq. ft. 840 *Sq. ft.
@ @ @
Cost New Depreciation @ 3% $ 318,000.00 $ 10,600.00 $ 84,000.00 $ 2,800.00 $ $ $ 30,000.00 $ 1,000.00 Total Current Value of All Improvements Indicated Value by the Cost Approach Value Rounded to $300 $100 $0
Current Value $ 307,400.00 $ 81,200.00 $ $ 29,000.00 $ 417,600.00
$ 417,600.00 $ 625,600.00 $ 625,000.00
* estimate square footage The cost approach value has a minimal value in terms of deriving market value since the Land Value is a difficult value to derive based on comparable available market values in the area. Thus, this method of deriving value is only presented for the purpose of an alternative analytical tool used inorder to provide "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is not an accuarate representation of "market" value and the "Direct Comparison Approach to Value" illustrates a more accurate representation of value. The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.
APPENDIX C: Sale Price vs. Market Change
APPENDIX C - Sale Price vs. Market Change
Monthly
Average Sale Value Median Sale Value
$ $
Nov-14 265,335.00 259,900.00
$ $
720,255.00 711,321.00
% Change 171.45% 173.69%
Annual
Average Sale Value Median Sale Value
$ $
YTD 2014 270,819.00 259,173.00
$ $
YTD 2021 735,903.00 715,447.00
% Change 171.73% 176.05%
Subject Property 99 Edgemont Ave. S
$
Sale Price 247,000.00
Monthly Annual
Mar-21
Adjusted Value (vs. Average) Adjusted Value (vs. Median) Adjusted Value (vs. Average) Adjusted Value (vs. Median)
$ $ $ $
670,484.43 676,014.96 671,179.06 681,843.44
Based on an analysis of the average sale price in the acqusition year versus the market change, the estimated "market" value of the subject property is: Market Adjustment $ 674,880 Value Added: $ 250,000 ROI: 70% Estimate of value (Range): $ 845,484 to $ 856,843 However, this method of deriving value is only presented as an alternative analytical tool to provide the Seller with additional "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is typically not as accurate as traditional valuation methods such as the "Direct Comparison Approach to Value" and the "Cost Approach to Value". Thus, the relative significance of this method of deriving value is extremely low. The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.
APPENDIX D: MPAC Enhanced Report
GeoWarehouse AVM Enhanced Residential Report Property Address
99 EDGEMONT ST S
Municipality
HAMILTON CITY
Real Time Market Value (AVM)
$ 695,000
Valuation Date (yyyymmdd)
20210414
Lower Confidence Limit
$ 631,000
Upper Confidence Limit
$ 782,000
Confidence Rating (H=High, M=Medium, L=Low)
M
Property Type
301 - Single-family detached (not on water)
Year Built
1939
Total Area (Above Grade) (sq ft)
1060
Basement Finished Area (sq ft)
840
Number of Bedrooms
2
Number of Full Bathrooms
2
Number of Half Bathrooms
0
Frontage (ft)
32
Depth (ft)
105
Site Area
3484.8 F
Generated on 04/17/2021
Copyright © All rights reserved Municipal Property Assessment Corporation. Not to be reproduced by any means or distributed in any manner, in whole or in part, without prior written permission. Page 1 of 1
APPENDIX E: Geowarehouse Enhanced Report
Client Report Generated on 2021
This report was prepared by:
99 EDGEMONT ST S HAMILTON PIN 172360101
MICHAEL HEDDLE SALES REPRESENTATIVE mikeheddle@royallepage.ca www.mikeheddle.ca
ROYAL LEPAGE STATE REALTY Office: (905)574-7441 Fax: (905)662-2227
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99 EDGEMONT ST S, HAMILTON | PIN 172360101
Property Details GeoWarehouse Address:
99 EDGEMONT ST S HAMILTON L8K2H6 PIN:
172360101
Land Registry Office:
HAMILTON WENTWORTH (62)
Land Registry Status:
Active
Registration Type:
Certified (Land Titles)
Ownership Type:
Freehold
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
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99 EDGEMONT ST S, HAMILTON | PIN 172360101
Lot Size Area:
3379.86 sq.ft
Perimeter:
272.31 ft
Measurements:
32.2ft x 105.46ft x 32.07ft x 105.45ft Lot Measurement Accuracy : HIGH Measurements are based on coordinate geometry, providing a high degree of confidence that the measurement calculations are within an acceptable variance of the
Assessment Information ARN Phased-In Value
Assessed Value
$311,000
$311,000
2021 Tax Year
Based on Jan 1, 2016
251804030304400
Frontage: Depth:
32.0 ft 105.0 ft
Description:
Single-family detached (not on water)
Property Code:
301
Sales History Sale Date
Sale Amount Type
Dec 18, 2014
$247,000
Transfer
Aug 29, 1975
$1
Transfer
Notes
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
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99 EDGEMONT ST S, HAMILTON | PIN 172360101
Demographics
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
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99 EDGEMONT ST S, HAMILTON | PIN 172360101
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
5 of 16
99 EDGEMONT ST S, HAMILTON | PIN 172360101
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
6 of 16
99 EDGEMONT ST S, HAMILTON | PIN 172360101
Dominant Market Group
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
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99 EDGEMONT ST S, HAMILTON | PIN 172360101
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
8 of 16
99 EDGEMONT ST S, HAMILTON | PIN 172360101
Dominant Market Group
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
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99 EDGEMONT ST S, HAMILTON | PIN 172360101
Comparable Sales
Comparable Sales Search Results Address
Date
Sales Amount
Lot Size
($)
(sq.ft)
$/ sq.ft
Distance
PIN
(m)
1
77 GRAHAM AVE S, HAMILTON, L8K2M2
Nov 30, 2020
350,000
3,412.00
103
254
172370168
2
163 PROVINCE ST S, HAMILTON, L8K2L4
Dec 04, 2020
485,000
1,840.00
264
283
172350154
3
98 GRAHAM AVE S, HAMILTON, L8K2M3
Oct 30, 2020
545,000
3,003.00
181
251
172370120
4
452 MAPLE AVE, HAMILTON, L8M2C8
Oct 28, 2020
550,000
2,906.00
189
275
172290073
5
120 PROVINCE ST S, HAMILTON, L8K2L1
Nov 30, 2020
558,400
3,003.00
186
192
172370046
6
58 GRAHAM AVE S, HAMILTON, L8K2M1
Feb 22, 2021
575,000
2,830.00
203
200
172370140
7
140 PARK ROW S, HAMILTON, L8K2J8
Dec 22, 2020
575,000
3,003.00
191
147
172360133
8
68 GRAHAM AVE S, HAMILTON, L8K2M1
Dec 01, 2020
585,000
2,841.00
206
196
172370135
9
164 PARK ROW S, HAMILTON, L8K2J8
Jan 12, 2021
592,000
1,829.00
324
221
172360125
10
82 OTTAWA ST S, HAMILTON, L8K2E3
Nov 25, 2020
612,500
3,842.00
159
231
172290096
11
38 PARK ROW S, HAMILTON, L8K2J4
Dec 18, 2020
622,000
3,164.00
197
209
172400074
12
92 GRAHAM AVE S, HAMILTON, L8K2M3
Jan 18, 2021
631,092
3,003.00
210
235
172370123
13
100 GROSVENOR AVE S, HAMILTON, L8M3L2
Mar 10, 2021
660,000
4,380.00
151
308
172300109
14
35 GRAHAM AVE S, HAMILTON, L8K2L9
Feb 11, 2021
687,000
3,046.00
226
257
172370216
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 10 of 16
99 EDGEMONT ST S, HAMILTON | PIN 172360101
15
1264 MAIN ST E, HAMILTON, L8K1A7
Feb 25, 2021
690,000
2,701.00
255
319
172400088
16
25 OTTAWA ST S, HAMILTON, L8K2C9
Nov 10, 2020
700,000
3,573.00
196
289
172400003
17
82 PROVINCE ST S, HAMILTON, L8K2K8
Oct 22, 2020
700,000
3,153.00
222
115
172370062
18
28 PROVINCE ST S, HAMILTON, L8K2K6
Mar 04, 2021
705,000
3,153.00
224
234
172400108
19
93 HOUGHTON AVE S, HAMILTON, L8K2M9
Dec 21, 2020
707,000
3,541.00
200
330
172370199
20
88 GRAHAM AVE S, HAMILTON, L8K2M3
Jan 29, 2021
725,000
3,003.00
241
226
172370125
21
90 PARK ROW S, HAMILTON, L8K2J7
Oct 16, 2020
725,000
3,476.00
209
49
172360151
22
87 GRAHAM AVE S, HAMILTON, L8K2M2
Jan 15, 2021
745,000
3,003.00
248
265
172370164
23
70 LONDON ST S, HAMILTON, L8K2G5
Dec 10, 2020
750,000
3,326.00
225
161
172360051
24
76 HOUGHTON AVE S, HAMILTON, L8K2M8
Nov 13, 2020
760,000
3,788.00
201
287
172370183
25
92 OTTAWA ST S, HAMILTON, L8K2E3
Nov 16, 2020
775,000
3,713.00
209
223
172290093
26
144 OTTAWA ST S, HAMILTON, L8K2E4
Mar 15, 2021
775,000
3,035.00
255
240
172300159
27
32 LONDON ST S, HAMILTON, L8K2G2
Dec 01, 2020
791,000
3,638.00
217
258
172400022
28
79 OTTAWA ST S, HAMILTON, L8K2E2
Dec 21, 2020
851,025
3,326.00
256
186
172360006
29
35 PROVINCE ST S, HAMILTON, L8K2K7
Mar 01, 2021
872,000
3,153.00
277
261
172400132
Sales Statistics Maximum:
$872,000
Minimum:
$350,000
Average:
$665,483
Median:
$690,000
*Standard Deviation: The smaller the number, the more similar are the sales results in the area. The larger the number, the more widely spread the sales results are in the area.
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 11 of 16
99 EDGEMONT ST S, HAMILTON | PIN 172360101
Area Heat Maps Average Sales Heat Maps - Last 1 Year Block
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 12 of 16
99 EDGEMONT ST S, HAMILTON | PIN 172360101
Growth Rate Heat Maps - Last 5 Years Block
Market Turnover Heat Maps - Last 1 Year Block
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 13 of 16
99 EDGEMONT ST S, HAMILTON | PIN 172360101
Historical Market Trends Average Sale Values and Growth Rates
Market Turnover Rates
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 14 of 16
99 EDGEMONT ST S, HAMILTON | PIN 172360101
Market Statistics Area Map Average Sales Price - Last 1 Year
$616,863
$518,094 Municipality
Block
Growth Rate - Last 5 Years
Market Turnover - Last 1 Year
5 Year Analysis Data Not Available
Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 15 of 16
99 EDGEMONT ST S, HAMILTON | PIN 172360101
Terms and Conditions Reports Not the Official Record. Reports, other than the Parcel Register, obtained through Geowarehouse are not the official government record and will not necessarily reflect the current status of interests in land. Currency of Information. Data contained in the Geowarehouse reports are not maintained real-time. Data contained in reports, other than the Parcel Register, may be out of date ten business days or more from data contained in POLARIS.
Coverage. Data, information and other products and services accessed through the Land Registry Information Services are limited to land registry offices in the areas identified on the coverage map.
Completeness of the Sales History Report. Some Sales History Reports may be incomplete due to the amount of data collected during POLARIS title automation. Subject properties may also show nominal consideration or sales price (e.g. $2) in cases such as transfers between spouses or in tax exempt transfers.
Demographic Information. Demographic Information is obtained from Environics Analytics. Environics Analytics acquires and distributes Statistics Canada files in accordance with the Government of Canada's Open Data Policy. No information on any individual or household was made a vailable to Environics Analytics by Statistics Canada. PRIZM and selected PRIZMC2 nicknames are registered trademarks of The Nielsen Company (U.S.) and are used with permission.
The Property Information Services, reports and information are provided "as is" and your use is subject to the applicable Legal Terms and Conditions. Some information obtained from the Land Registry Information Services is not the official government record and will not reflect the current status of interests in land. Use of personal information contained herein shall relate directly to the purpose for which the data appears in land registry records and is subject to all applicable privacy legislation in respect of personal information. Such information shall not be used for marketing to a named individual.
Parcel Mapping shown on the site was compiled using plans and documents recorded in the Land Registry System and has been prepared for property indexing purposes only. It is not a Plan of Survey. For actual dimensions of property boundaries, see recorded plans and documents.
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Report Generated On Apr 17, 2021 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 16 of 16
APPENDIX F: CREA Home Price Index [HPI]
Current Price Estimate Using Historical HPI Trends The MLS® HPI is not designed to predict the value of an individual property. This information is for estimation purposes only; no warranties or representations are made of any kind.
1. Select a subarea and property type combination from the dropdown
Subarea/Property Type Selection Delta, 1 Storey SF
Please note: HPI Benchmark property type-subarea combinations are available only for those subareas with enough sales
Select Previous Date of Sale November 2014
2. Choose the previous sale date
Previous Sale Price $247,000
3. Input the previous selling price and hit Enter
Based on HPI trends for 1 Storey SF homes in Delta and a previous selling price of $247,000 in November 2014, the estimated price in March 2021 would be $608,100
Note: Areas with insufficient sales are not included in the HPI. Source: REALTORS® Association of Hamilton-Burlington